John Payne
When is it too late to tie up a Pre Foreclosure deal?
Learning more and more about Pre Foreclosures and Notice of Defaults, but one nuanced question. Whether paying cash or taking the property subject-to, the overdue lien that is causing the foreclosure in the first plac...
Mehgan Moore
Condos as investments?
I know typically Condos are not the most ideal investment as they don't tend to appreciate. However, we are considering them as a potential rental investment. Given the tend to be cheaper, we could pay most of it in c...
Andrew S.
Buying the Home We're Renting from the Owner without Realtor?
Our family has been renting a single-family home (see description/additional background below) for the last 2 years and are considering buying the property from the landlord via private sale. We have an excellent rela...
Account Closed
Tenant pays first $100.00 in maintenacne???
I was having a chat with a co-worker over Slack about ways to keep costs low in rentals. He was in a different state than me, and had years more RE experience than I have. His background was acquisitions and purchasin...
Gregory Schwartz
Help a newbie make his first offer
BP, I am about to take the first steps to becoming a landlord. So far.... I have established an LLC with my father and analyzed every property that has been posted on Zillow in the last 3 months. I am also working my ...
Mario Brown
Drop Energy Bills / Raise Rents
I am repositioning an 8- Unit Apartment (Photos Here ) In my analysis i knew that the property was being under rented & with capital & aesthetic improvements i could drastically raise the rents. Rents are n...
Jack Srimani
Trying to find cash on cash
Hi,
I have checked out a SFH in one of the suburbs of Chicago. This is a 3 bedroom and two and half bath house. The house is ten years old and is a short sale. The asking rate is 125000. The rent in this area for this...
Henry Clark
RV/Boat/Vehicle lot selection
@ Ryan York post response. 1. Site Selection, 2. Considerations blog, 3. Site layout, This may be a little disjointed, I am combining 3 different blogs and discussions I have had.1. Site Selection:Your near Det...
Cameron Rees
New Landlord Serving an Eviction During Covid-19
Hello BP,I am desperate. I closed on a 4 unit house hack in September and it is my first rental property. I have never been so excited in my life to feel like I have accomplished something that I am hoping with help l...
Diem Tran
Help analyze my first MF! Please
Today I looked at a 6 unit property. I like it alot but who cares what I think or like, especially if I never purchased a mutlifamily property before. I learned that the numbers matter the most. Please give me your...